AGL 38.00 Increased By ▲ 0.01 (0.03%)
AIRLINK 210.38 Decreased By ▼ -5.15 (-2.39%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.48 Decreased By ▼ -0.31 (-4.57%)
DCL 8.96 Decreased By ▼ -0.21 (-2.29%)
DFML 38.37 Decreased By ▼ -0.59 (-1.51%)
DGKC 96.92 Decreased By ▼ -3.33 (-3.32%)
FCCL 36.40 Decreased By ▼ -0.30 (-0.82%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.95 Increased By ▲ 0.46 (3.17%)
HUBC 130.69 Decreased By ▼ -3.44 (-2.56%)
HUMNL 13.29 Decreased By ▼ -0.34 (-2.49%)
KEL 5.50 Decreased By ▼ -0.19 (-3.34%)
KOSM 6.93 Decreased By ▼ -0.39 (-5.33%)
MLCF 44.78 Decreased By ▼ -1.09 (-2.38%)
NBP 59.07 Decreased By ▼ -2.21 (-3.61%)
OGDC 230.13 Decreased By ▼ -2.46 (-1.06%)
PAEL 39.29 Decreased By ▼ -1.44 (-3.54%)
PIBTL 8.31 Decreased By ▼ -0.27 (-3.15%)
PPL 200.35 Decreased By ▼ -2.99 (-1.47%)
PRL 38.88 Decreased By ▼ -1.93 (-4.73%)
PTC 26.88 Decreased By ▼ -1.43 (-5.05%)
SEARL 103.63 Decreased By ▼ -4.88 (-4.5%)
TELE 8.45 Decreased By ▼ -0.29 (-3.32%)
TOMCL 35.25 Decreased By ▼ -0.58 (-1.62%)
TPLP 13.52 Decreased By ▼ -0.32 (-2.31%)
TREET 25.01 Increased By ▲ 0.63 (2.58%)
TRG 64.12 Increased By ▲ 2.97 (4.86%)
UNITY 34.52 Decreased By ▼ -0.32 (-0.92%)
WTL 1.78 Increased By ▲ 0.06 (3.49%)
BR100 12,096 Decreased By -150 (-1.22%)
BR30 37,715 Decreased By -670.4 (-1.75%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

NEW DELHI: India on Sunday inaugurated the first stage of its longest expressway, a route linking New Delhi and Mumbai, as it makes a concerted infrastructure push to catch up with geopolitical rival China.

The ambitious $13 billion project will eventually cut the road travel time between the country’s two biggest cities in half, to 12 hours.

India is the world’s fastest-growing major economy and will soon be recognised as its most populous country, but its infrastructure remains decades behind that of its northern neighbour.

A sign over one of the new four-lane carriageways proclaimed “Welcome to Delhi-Vadodara-Mumbai Expressway” — a route that spans a total of 1,386 kilometres (861 miles).

Prime Minister Narendra Modi opened the 246-kilometre first stage Sunday, linking the capital with the tourist city of Jaipur in Rajasthan.

It was a “sign of developing India”, he said, adding that “such investments in railways, highways, subway lines and airports are a key to pushing the country’s growth rate, attracting more investments and creating fresh jobs”. Asia’s third-largest economy has made a renewed push to decouple itself from an increasingly assertive China’s supply chains and build up its own economic capacity since a deadly military clash on their Ladakh frontier in 2020.

A wary New Delhi has expedited many key projects, and Modi’s government this month announced an unprecedented 33 percent increase in infrastructure spending.

Comments

Comments are closed.

TimeToMovveOn Feb 13, 2023 11:13pm
I welcome BRrecorder sharing some positive news about India's economic development. Mostly in Pakistan news, only the negative news is propagated. I want Pakistani friends to understand this. Many, many indians like my parents and me, do not support Modi on his religious ideals. On the other hand, his religiosity is also overblown in Pakistan news than it happens. But we want to give Modi a chance to accelerate economic development. We would ideally like a combination of Manmohan sign and Modi. But right now, we have make do with Modi. BJP's Economic agenda is lifting all religions, even though his party's rhetoric is biased.
thumb_up Recommended (0)